chakraveer1104

chakraveer1104

Formation of the Head & Shoulder Pattern is clearly seen on the Chart. The Entry level , Targets and Stop Loss are mentioned on the chart. Company's Fundamentals PE is only 12.15 against industry PE ratio of 21.14 with PB ratio of 4.95 only. ROCE of 47.3 % one of the highest in the Industry. Quarterly Revenue rose 23% YoY to Rs 831.1 Crores where as Its...

chakraveer1104

Pole and Flag Break out pattern seen in Karur Vysya Bank, that to in an Uptrend. On a long run to make another life time high after Sep 18, 2017 . Strength of 6 years will not go in vain so easily as this stock is currently in hot list of all big players with One of the least PE of 3.47 only in the industry One of the lease PB Ratio of 0.91 only in the...

chakraveer1104 Updated 

Before any discussion , I like to share few facts about mighty Nifty : 1. Nifty is in downtrend since 1 Dec 2022 from level @ 18860 2. After 3.5 months of downfall , finally Nifty found support level @ 16850 3. The support level was retested numerous time unless Rectangular Channel break our was seen on 31.03.2023 4. Since 31.03.2023 , Nifty was in uptrend till...

chakraveer1104

Oil India is engaged in exploration, development and production of crude oil & natural gas, production of LPG, transportation of crude oil & natural gas and generation of renewable energy. The Stock is stuck in a range forming a symmetrical triangle where the bottoms are getting higher and higher and we may see a break out very soon. Due to high consolidation ,...

chakraveer1104 Updated 

Amara Raja Batteries Limited is an India-based manufacturer of lead-acid storage batteries for industrial and automotive applications in the Indian battery industry. The stock has shown Descending Triangle Breakout today. Breakout in Volume and RSI is also seen. However, to make long term hold position, retesting of the support at 600.10 is recommended. If the...

chakraveer1104

Who else is waiting for breakout on 15 min/ 30 min/ 60 min time frame with triangle pattern contracting from bottom....

chakraveer1104

Who else See a Head n Shoulder Pattern on chart of Astral Ltd . I have intentionally not mentioned the entry level and the target. Let's make it a mutual exercise for everyone on this forum. If you are also seeing , the same pattern, please mention right entry point and targets , in your opinion , in the comment section. Don't forget to boost my study....

chakraveer1104 Updated 

Delhivery Ltd , India's Popular Supply Chain and logistic company , with a Market Capitalization of More than 24,000 Cr seems to be ready for a reversal trend. Since , Jan 2023 , it is making support for the second time now. Going with the Elliott Wave theory , as shown in the chart , the stock is entering into the 3rd Wave of the uptrend , which is supposed...

chakraveer1104 Updated 

Page Industries Limited is an India-based company that is engaged in the business of manufacturing and trading garments. The Company offers knitted garments. The Company offers a range of products for men, women and children. The Company is engaged in the manufacturing, distribution, and marketing of Jockey products. It holds the license of SPEEDO, an...

chakraveer1104 Updated 

Syngene International Limited is an India-based contract research company. The Company is engaged in providing services from early discovery and development to commercial manufacturing for small and large molecules and a Market Cap of Rs. 24,500+ Cr. The chart is moving within a limited range since 2020 , for almost 2.5 years. Though the range is high but is...

chakraveer1104 Updated 

Divi's Laboratories Limited is an India-based company, which is engaged in manufacturing and sale of active pharmaceutical ingredients (APIs), intermediates and nutraceutical ingredients with predominance in exports. The stock is in downtrend since Oct 2021 and was moving in a channel. However , we saw channel break out on 13 April 2023 and we see that the level @...

chakraveer1104

Motherson Sumi Wiring India Limited is a leading and fast-growing full-system solutions provider to OEMs, in the wiring harness segment in India with a market cap of Rs. 22,000.00 . The stock is currently in a range and on strong support @ 50.45 . Aggressive traders may take entry at CMP @ 49.90 as the stop loss is very low. Safe Trader , enter the trade after...

chakraveer1104 Updated 

Tata Steel Limited is an India-based steel manufacturing company. The Company is engaged in the business of steel making, including raw material and finishing operations. The stock CMP : 106.30 is currently reversed from downtrend and retested support @ 103.20. There are two formations, one is parallel channel and the second is Symmetrical Triangle Pattern. The...

chakraveer1104

As I mentioned earlier, Don't Miss to catch this fish. The stock is currently moving up , after completing CUP n HANDLE Patter and taking support @ 22345.00 . Those who missed this stock earlier, the stock is providing a good opportunity to them again. The stock is at support , and at CMP i.e. 22733 is right time to enter the trade. for primary target of 24717.00...

chakraveer1104

One of the Most Prestigious Brand of Country Infosys Ltd a high Value stock to be kept on radar for next two or maximum trading sessions. The stock is near its 52 Week low and at Support level of the Channel it is respecting since April 2022. CMP is 1389.20 and after rising from the demand Zone , it was moving in a range and then declined sharply today....

chakraveer1104 Updated 

Abbott India Limited is an India-based company that is engaged in pharmaceuticals business , seems to be out of retracement phase now. It is retesting the Support line and may break the Triangle Pattern formed by Support and Retracement lines. The Chart is supported by two EMAs and RSI is also only 38.85 . Break out will give you targets of 21340.85 , 22395.65 and...

chakraveer1104

Mahindra and Mahindra Limited is an India-based company that is primarily engaged in the mobility products and farm solutions. The Company’s segments include Automotive and Farm Equipment. On weekly time frame , the Chart is making a Broadening Triangle Pattern . A Broadening Triangle Pattern can be characterized as a bullish reversal pattern. This pattern is...

chakraveer1104 Updated 

Linde India Limited is an India-based industrial gases company. The Company operates through two segments: Gases and Related Products and Project Engineering Division (PED). Hindering Around 52 Week High, we may see a new 52 Weeks high if uptrend continues. The Entry level is 3868 , but we have to ensure that the stock retests the support @ 3867.75. We may see...